ΠΕΡΙ ΑΝΑΔΙΑΡΘΡΩΣΗΣ ΕΛΛΗΝΙΚΟΥ ΧΡΕΟΥΣ….
In a nutshell, delayed or insufficient restructurings can impede economic recovery, they can deter investment, they also create opportunities for private creditors to cash out in a run up to the restructuring, leaving the official creditors, that is the taxpayers, on the hook.
To the extent that they are insufficient to deal with the debt sustainability problem,
they can also result in repeat reschedulings, which tends to compound the cost for the debtor nation.
ΕΧΩ ΡΩΤΗΣΕΙ ΑΠΟ ΔΕΚΕΜΒΡΗ…. ΠΟΣΟ ΘΑ ΠΛΓΡΩΣΟΥΜΕ ΤΟ 2022…???
ΠΙΟ ΚΑΤΩ… ΜΑΣ ΔΑΝΕΙΖΟΥΝ ΜΕ ΠΙΘΑΝΟΤΗΤΕΣ ΒΙΩΣΙΜΟΤΗΤΑΣ ΧΡΕΟΥΣ !!!
MR. BREDENKAMP: First of all, just on the Greek case at that time, I don’t believe the paper said that the debt was unsustainable.
QUESTIONER: No.
MR. BREDENKAMP: The issue was the probability.
QUESTIONER: Sorry. The issue was what?
MR. BREDENKAMP: Was the probability of the sustainability,
where we felt that, given the situation at the time, it was not possible to argue that sustainability was there with a high probability, which is the standard that was required for exceptional access under the policy at the time. So, there were conflicting considerations.
ΔΕΝ ΥΠΑΡΧΕΙ…..
“Public debt is projected to remain high well into the next decade. The assurances from Greece’s European partners that they will consider further measures and assistance, if necessary, to reduce debt to substantially below 110 percent of GDP by 2022, conditional on Greece’s full implementation of all conditions contained in the program, are welcome. Their continued commitment to provide adequate financial support to Greece during the life of the program and beyond until it has regained market assess, provided that Greece complies fully with the program, is also essential.”
ΒΑΡΕΘΗΚΑ ΝΑ ΕΧΩ ΔΙΚΙΟ
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